May 20, 2013 10:45 AM ET

Insurance

Company Overview of Security Benefit Life Insurance Company

Company Overview

Security Benefit Life Insurance Company operates as a life insurance company in the United States. It offers a portfolio comprising primarily of individual and group annuities, mutual funds, and related product. The company, through its subsidiaries, designs variable annuity, a flexible premium deferred variable annuity. Security Benefit Life Insurance Company was formerly known The Security Benefit Association and it changed its name in January 1950. The company was founded in 1892 and is based in Topeka, Kansas. Security Benefit Life Insurance Company operates as a subsidiary of Security Benefit Corporation.

One Security Benefit Place

Topeka, KS 66636-0001

United States

Founded in 1892

Phone:

785-438-3000

Fax:

785-368-1772

Key Executives for Security Benefit Life Insurance Company

Security Benefit Life Insurance Company does not have any Key Executives recorded.

Security Benefit Life Insurance Company Key Developments

Security Benefit Life Insurance Company Launches New Fixed Annuity

Security Benefit Corporation announced the launch of the Total Interest Annuity issued by its subsidiary Security Benefit Life Insurance Company (SBL), SBL's first fixed annuity product designed to accept ongoing contributions for clients' retirement savings. Built specifically for the 403(b) market, the Total Interest Annuity can be funded with contributions up to $16,500 annually or with IRA contributions or rollovers. The initial guaranteed crediting rate, which Security Benefit expects to be highly competitive, will be reset after 12 months and every year thereafter. SBL hopes to incentivize clients for early saving through an attractive initial guaranteed crediting rate, boosted by a 2% bonus on all contributions or transfers in the first contract year.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 22, 2013
Associated Estates Realty Corporation
Private Placement
December 27, 2012
Chicago Bridge & Iron Company N.V.
Merger/Acquisition
August 16, 2012
Industrial Alliance Insurance and Financial Services Inc., U.S. Annuity Business
 

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